L&G Plans To Launch New Property Projects With GDV RM710 Million

KUALA LUMPUR, Sept 13 (Bernama) -- Land and General (L&G) Bhd plans to launch two new property projects with a gross development value (GDV) of RM710 million by the end of financial year March 31, 2018.

Managing Director Low Gay Teck said the projects, namely Sena Parc(GDV RM230 million) is expected to be launched in November, whilst the other residential project, Seresta (GDV RM480 million) will take off in February 2018.

Sena Parc will be developed in three phases, with the first scheduled for launch in November, and comprising 543 double-storey linked houses.

Low was speaking after the company's 54th annual general meeting here today.